Jun 26, 2018 | Op-Eds
The Supreme Court’s 5-4 ruling in South Dakota v. Wayfair last weekempowers states to establish a level playing field for the taxation of goods sold by in-state and out-of-state sellers. The court overturned two precedents, dating back to 1967 and 1992, that imposed an artificial physical presence rule on state sales tax systems.
Jun 21, 2018 | Interviews
On CNBC’s ‘Closing Bell,’ Alex Brill discusses the US Supreme Court’s ruling in South Dakota v. Wayfair, Inc. to require out-of-state sellers to collect the same sales tax that in-state resellers must collect.
Jun 19, 2018 | Op-Eds
The Bureau of Labor Statistics recently reported that the US unemployment rate in May 2018 was 3.8%, the lowest since April 2000. During the past 50 years, the US unemployment rate has been this low only 10% of the time.
Jun 18, 2018 | Analysis
This paper investigates how the Tax Cuts and Jobs Act affects household charitable giving in the United States. We find that the law will reduce charitable giving by $17.2 billion (4.0 percent) in 2018 according to a static model and $16.3 billion assuming a modest boost to growth.
Jun 15, 2018 | Op-Eds
With only about two weeks left in its 2017–2018 term, the US Supreme Court still has 19 cases left to decide. Decisions are expected on a number of key issues, including partisan and racial gerrymandering, public employee union dues, and the travel ban.